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Thursday, October 28, 2021

$15 Billion In Federal Funding Flows Into Just Five Major U.S. Cities Where Civil...

Submitted by Adam Andrzejewski, After the George Floyd protests broke out across major U.S. cities, some mayors and police chiefs were accused of issuing stand-down orders to their police officers. Nightly news streamed video footage of the looting, rioting, and general mayhem that ensued in the absence of a civil order. “Autonomous zones” sprung up…

Federal Safety Regulators Are Probing Tesla’s Battery Cooling System

Last week, Business Insider reported that when Tesla began selling its Model S back in 2012, the cars were equipped with a "poorly designed battery" that was susceptible to leaking, and that said leaks may have been the cause of short circuits and ensuing fires. More damning, however, and potentially exposing the company to criminal…

Every Federal Reserve Board Member Is A Multi-Millionaire

Authored by Matt Stoller, There are five Senate-confirmed members of the Federal Reserve. It won’t surprise you to know that all five of them are millionaires. Here’s a list, with links to their financial disclosure forms. (If you have some time to poke around and find anything interesting, let me know or put it in…

The Bare Necessities: Federal Court Rules That Strip Clubs Are Entitled To Pandemic Loans

Authored by Jonathan Turley, We recently discussed the controversy when a Nevada brothel filed for pandemic stimulus money as a small business forced to suspend operation.  Now, U.S. District Judge Lynn Adelman has ruled (correctly) that the owners of four Silk Exotic Gentleman’s Clubs in Milwaukee and Middleton are entitled to emergency loans. During this litigation however there was…

A Federal Bailout Won’t Fix States’ Finances

Authored by Kevin William son via National Review.com, Bailing out the Illinois state pension system is the worst idea from a week in which we were discussing the health benefits of mainlining Lysol. (Please do not mainline Lysol. It will kill you.) Irresponsible state and local governments are attempting to exploit the fear and disruption…

U.S. Military Ammo Supply Line Is Not China-Dependent

As possible geopolitical and national security ramifications of limiting ties with China post-coronavirus are weighed, it is important to point out that the U.S. military ammunition supply is not China-dependent. On March 20, 2020, the National Shooting Sports Foundation (NSSF) sent a letter to the Department of Defense in which the critical role of domestic…

Federal Reserve To Quarantine Dollars From Asia On Covid-19 Transmission Concerns

Following reports that Beijing had "quarantined" dirty cash, the Federal Reserve is now doing the same out of fear that dollars in circulation from Asia could contain Covid-19, reported Reuters. A Fed spokesperson told Reuters on Friday that "quarantining physical dollars that it repatriates from Asia before recirculating them in the US financial system" has…

Has The Federal Reserve Gone ‘Woke’?

Authored by Andrew Moran via LibertyNation.com, So much for the Federal Reserve being an independent institution free of politics. Wait. That’s what it is, right? That’s what the occupants inside the Eccles Building, the Fourth Estate propagandists, and central banking champions regurgitate to the public. We have been led to believe the myth that the creature from…

Federal Reserve: Enemy Of Liberty And Prosperity?

Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, Lost in the media’s obsession with the impeachment circus last week was Federal Reserve Chairman Jerome Powell’s testimony on the state of the economy before the Joint Economic Committee. In his testimony, Chairman Powell warned that when the next recession inevitably occurs,…

The Federal Reserve Is A Barbarous Relic

Authored by EconomicPrism's MN Gordon, annotated by Acting-Man's Pater Tenebrarum, The Sky is Falling “We believe monetary policy is in a good place.” – Federal Reserve Chairman Jerome Powell, October 30, 2019. The man from the good place. “As I was going up the stair, I met a man who wasn’t there. He wasn’t there again…
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